We are trying to make the Binance SQUARE Platform more valuable and attentive for you. Here are the details of our news;
Bitcoin (BTC) showed resilience compared to traditional assets gold and the S&P 500 in the first quarter of the year. Analysis by Bloomberg analysts revealed that Bitcoin's performance against these assets consolidated at lower higher levels after a rapid rise in prices, which is a typical behavior in bullish markets.
Bitcoin ETF Sector Shows Resilience
Despite recent fluctuations in Bitcoin price, investors' confidence in the cryptocurrency appears to be unshaken. Bloomberg analyst Mike McGlone stated that more than 95% of spot Bitcoin Exchange Traded Funds (ETF) investors maintained their holdings throughout the crisis, supporting the prediction that BTC's price will reach $150,000. This shows that investors' commitment to Bitcoin is growing and they see the cryptocurrency as a legitimate alternative to traditional assets such as gold and stocks.
On the other hand, Grayscale, a major player in the Bitcoin ETF sector, was up 5% in premarket trading on Monday, experiencing its first day of net inflows since January. This marks a significant step forward for Grayscale Bitcoin Trust (GBTC) by switching to a convertible ETF, and investor confidence has been restored.
The trust, which has previously suffered significant withdrawals due to high management fees, has also been linked to a wave of bankruptcies in the cryptocurrency industry as bankrupt companies seek to liquidate assets to pay off debts to creditors.
BTC Chart Signals Price Stability
Technical indicators such as Bollinger Bands and Stochastic RSI used on the 24-hour Bitcoin price chart provide important information about current price dynamics and possible trend changes in the market.
Bollinger Bands show an observed contraction in Bitcoin's market volatility; This indicates that volatility has decreased and a period of potential price stability has entered. Bollinger Bands consist of upper and lower bands that indicate the breadth of price fluctuations, surrounded by the 20-day simple moving average (SMA).
On the other hand, the Stochastic RSI indicator is currently near the overbought threshold and is trending towards the 80 value. This shows that there is a strong buying momentum in Bitcoin and the price has been rising recently.
However, if the Stochastic RSI enters the overbought region, and especially if it rises above this level and falls back, it may indicate that a saturation point has been reached in the market and a price pullback may occur in the short term.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
